Main rule Sample Clauses

Main rule. Overtime work is compensated either by leave or in cash. Leave is granted if the employee so desires and it is possible in consideration of the business. When overtime work is compensated by leave, this may not lead to a reduction of regular working hours. Since the compensation constitutes 1 1/2 hour’s (2 hours’) leave for each hour of overtime, a maximum of 2/3 (half) of the overtime can be compensated by leave. The intention is furthermore not that individual employees or groups of employees by overtime work are to receive a general extension of their annual working hours. If this turns out to be the case in individual companies, then the parties agree to jointly review the application of the agreement in such company and if there is a need, clarify the intention of this agreement. Compensation in cash:
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Main rule. Each salaried employee must have at least 11 consecutive hours of rest during each 24-hour period, calculated from the beginning of the shift according to the salaried employee’s current schedule of working hours (daily rest).
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Main rule. ‌ Disputes shall be attempted solved as quickly as possible and at the lowest possible level. Disputes which are not solved according to these guidelines shall be referred to the steering group set out in Appendix 4 to be decided according to the guidelines set out in the Appendix. If the Parties - despite persistent efforts, see the procedure set out in Appendix 4 - are unable to reach agreement, either Party shall be entitled to refer the matter to be heard formally, either by anticipated dispute resolution, see clause 13.2, or by arbitration, see clause 13.5.
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Main rule. An employee who is entitled to special compensation for overtime is also entitled to compensation for travelling time in accordance with subsections 2 and 3 below. – An employee who is not entitled to special compensation for overtime is entitled to compensation for travelling time in accordance subsections 2 and 3 below, provided the employer and the employee have not agreed that the employee be exempted from the rules concerning travelling time compen- sation.
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Main rule. UiO is entitled to acquire all rights (rights of ownership) to the work results mentioned in Clause
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Related to Main rule

  • Applicability of Rule 419 Upon delivery and payment for the Units on the Closing Date and each Additional Closing Date, the Company will not be subject to Rule 419 under the Securities Act and none of the Company’s outstanding securities will be deemed to be a “xxxxx stock” as defined in Rule 3a51-1 under the Exchange Act.

  • Basic Rule The Company agrees to continue the Executive’s Employment, and the Executive agrees to remain in Employment with the Company, from the commencement date set forth in Section 1(d) until the date when the Executive’s Employment terminates pursuant to Subsection (b) below. The Executive’s Employment with the Company shall be “at will,” and either the Executive or the Company may terminate the Executive’s Employment at any time, for any reason, with or without Cause. Any contrary representations, which may have been made to the Executive shall be superseded by this Agreement. This Agreement shall constitute the full and complete agreement between the Executive and the Company on the “at will” nature of the Executive’s Employment, which may only be changed in an express written agreement signed by the Executive and a duly authorized officer of the Company.

  • Special rule Crane operator: Crane rental: The provision specified in Paragraph c) shall not apply to a crane operator in the service of an employer specialized in crane rental.

  • Xxxxxxx Rule The Issuer is structured not to be a “covered fund” under the regulations adopted to implement Section 619 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act, commonly known as the “Xxxxxxx Rule.”

  • Usage Limitations Services may be subject to other limitations, such as, for example, but without limiting the generality of the foregoing, limits on disk storage space, on the number of calls You are permitted to make against Our application programming interface, and, for Services that enable You to provide public websites, on the number of page views by visitors to those websites.

  • Rule Against Perpetuities The Members do not intend that there shall be any violation of the Rule Against Perpetuities, the Rule Against Unreasonable Restraints on the Alienation of Property, or any similar rule. Accordingly, if any right or option to acquire any interest in the Properties, in an Ownership Interest, in the Assets, or in any real property exists under this Agreement, such right or option must be exercised, if at all, so as to vest such interest within time periods permitted by applicable rules. If, however, any such violation should inadvertently occur, the Members hereby agree that a court shall reform that provision in such a way as to approximate most closely the intent of the Members within the limits permissible under such rules.

  • DISCLAIMERS; EXCLUSIONS; LIMITATIONS Subject to §4, neither party makes any warranties (express, implied, or otherwise), including implied warranties of merchantability, non-infringement, fitness for a particular purpose, or title, related to its performance or anything else provided under this Agreement. Neither party will be liable for any special, incidental, punitive, or consequential damages of any kind for any reason whatsoever relating to this Agreement, even if such damages were reasonably foreseeable.

  • State Takeover Laws If any “fair price,” “business combination” or “control share acquisition” statute or other similar statute or regulation is or may become applicable to any of the transactions contemplated by this Agreement, the parties hereto shall use their respective commercially reasonable efforts to (a) take such actions as are reasonably necessary so that the transactions contemplated hereunder may be consummated as promptly as practicable on the terms contemplated hereby and (b) otherwise take all such actions as are reasonably necessary to eliminate or minimize the effects of any such statute or regulation on such transactions.

  • General Rule If the Company experiences a Change of Control, then the Company shall promptly pay to Purchaser an amount equal to the Maximum Payment Amount minus the aggregate of all payments made by the Company to Purchaser under this Note, including payments made by the Company pursuant to section 2.3.

  • Anti-Takeover Laws In the event that any state anti-takeover or other similar Law is or becomes applicable to this Agreement or any of the transactions contemplated by this Agreement, the Company, Parent and Acquisition Sub shall use their respective reasonable best efforts to ensure that the transactions contemplated by this Agreement may be consummated as promptly as practicable on the terms and subject to the conditions set forth in this Agreement and otherwise to minimize the effect of such Law on this Agreement and the transactions contemplated hereby.

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